E & O Deductible. The terms of the Errors and Omissions Policy shall provide for a deductible amount that is acceptable to FNMA or FHLMC with respect to its approved mortgage loan servicers.
Appears in 73 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-16 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-15 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar15 Trust)